🌏 Asia deep in red: South Korea's KOSPI plunged as much as 6–7%, triggering a sidecar trading halt, as Samsung and SK Hynix each shed 5–9%. Japan's Nikkei 225 fell ~2.8% to the 65,300–66,800 zone on a fresh global chip selloff. Trigger: soaring bond yields – the US 30-year hit a 19-year high, spooking tech investors worldwide.
💵 Dollar steadies near 99.5–99.6 after touching 2-month lows, as Fed September hike odds sit around 30–35%. Markets await today's FOMC Minutes and Fed Chair Kevin Warsh's Jackson Hole speech.
💶 EUR/USD holds near 1.1575, close to two-month highs, capped just below 1.1600 on hawkish ECB expectations.
🥇 Gold rebounds toward $4,446/oz on US policy-uncertainty flows, defying pressure from elevated yields.
🛢 Oil stays elevated – Brent ~$91, WTI ~$84–85 – on persistent US–Iran tensions and Strait of Hormuz disruptions.
📊 Watch today: FOMC Minutes, Fed speakers ahead of Jackson Hole.
Trade smart, stay alert! 💪📈
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